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I am attempting to gain the protection of an LLC rather than have the property be in my name and then I have total liability. Yes this is an investment property. The property was purchased before I formed the LLC. I do not have any partners.

The current lender's rep says that there are no problems with this but then I don't take sales rep's word as gospel.

I am trying to get an appointment with my attorney but as I said in several books (some written by attorney's) I have found conflicting information.

I just wanted to see if anyone else had encountered this and what they found.

If a property that is owned under my name is quit claimed to an LLC that I have established do I destroy the protection that I am trying to get by having the property in an LLC?

Reading several books on real estate only has conflicting information.

I am looking at Quicken Rental Property Manager 2.0 and Quick Books software.

Any recommendations on using either of these software products or something else?

I will be tracking about 20 properties but I would like to be able to expand it when I acquire more properties.

Thanks!